Fortune Personnel Consultants (FPC)

Fortune Personnel Consultants (FPC)

Executive recruiting
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$75K - $134K
Units as of 2021
63 1.6% over 3 years

Company Overview

New York City in 1959. FPC recruits executives in 40 industries and 50 disciplines. Since the company began franchising in 1973, FPC has provided a network of recruiters, giving client companies access to nationwide talent and offering candidates career opportunities from across the country.

Franchise owners select the industries and disciplines in which they wish to focus, and industry specialists operate the offices. Recruiters research each client company’s products, services and philosophies; analyze available positions; perform candidate searches and screening; present candidates; coordinate interviews; counsel on hiring and assist in negotiations.

About Fortune Personnel Consultants (FPC)

Related Categories
Staffing/Recruiting
Founded
1959
Parent Company
Fortune Franchise Corp.
Leadership
Ron Herzog, CEO

Franchising Overview

Franchising Since
1973 (48 years)
# of employees at HQ
10
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming

# of Units
63 (as of 2021)

Franchisor Information

Corporate Address
1983 Marcus Ave.
New York, NY 11042

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Fortune Personnel Consultants (FPC) franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$40,000
Initial Investment
$74,650 - $133,900
Net Worth Requirement
$300,000 - $2,000,000
Cash Requirement
$100,000 - $150,000
Veteran Incentives
10% off franchise fee
Royalty Fee
8%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Fortune Personnel Consultants (FPC) offers in-house financing to cover the following: franchise fee
Third Party Financing
Fortune Personnel Consultants (FPC) has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
Ongoing
Classroom Training
80 hours
Additional Training
FPC University
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Fortune Personnel Consultants (FPC) landed on this year’s Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021